Urban Company and PhysicsWallah advance IPO plans

Urban Company’s IPO opened with strong investor interest after reporting ₹1,373.5 crore revenue and ₹135 crore net profit in FY25. Meanwhile, PhysicsWallah filed draft papers for a ₹3,820 crore public issue. The moves reflect improving sentiment for consumer internet and education platforms as Indian capital markets reopen for high growth startup listings nationwide. Sustained interest as profitability metrics and scale attract institutional investors.